Discovering the Financial Cure

Discovering the

Financial Cure

People often ask what makes me an expert financial strategist. I start with my entrepreneurial journey that began over 36 years ago. I started a business with zero business experience and very limited financial resources. This was a time when there was no internet or social media, and the only thing you could do with a cell phone was make an expensive phone call!

I was in the office equipment sales, service, & supplies industry at the time. My clients were major corporations. To be considered for the big contracts, my company had to project the right image. That meant having a brick and mortar office, employees, inventory, and all the overhead that goes with it. If you projected anything less, your company was perceived as a mom and pop operation not capable of handling the big contracts.

Times were tough because my cash flow did not match my overhead expenses.

Payroll, rent, utilities, and other expenses had to be paid whether the company made money or not. The more sales and contracts my company acquired, the more inventory had to be purchased to fulfill the contracts. My limited financial resources forced me to think outside the box to meet my expenses. I used creative ways to increase revenue, improve cash flow, and position my company for growth and development. I had to learn how to take control over my finances, make my money work for me, negotiate with my clients to pay my company sooner rather than later, and continue to find creative ways to acquire the things needed to increase the growth and development of my business.

In 2014, the Affordable Care Act mandated that everyone have healthcare coverage.

As a result, I expanded my business to include insurance products and financial services. Not wanting to be a hypocrite, I believed if I was going to sell my clients these products and services, I needed to acquire them for myself and my family. By Dr. Wendy Labat So, I purchased the products I was selling and sharpened my financial services skills. This move was done as part of a business and marketing strategy, not from a personal financial planning perspective.

In 2017, I was diagnosed with breast cancer.

Every three weeks for a year, my chemotherapy infusions were $67,000 each. I had 5 surgeries, multiple CAT scans, MRIs, ultrasounds, mammograms, and lab tests that exceeded a cost of $300,000. Can you imagine having to pay those kinds of medical expenses in addition to your personal and business expenses while battling breast cancer? The cost of treating this disease could have ruined me and my family financially. Thank God I practiced what I preached and my health insurance paid all of my medical bills. With the supplemental coverage I purchased, it paid me a significant tax-free payout that allowed me to focus on my recovery without worrying about money. I considered this “The Financial Cure”.

The Financial Cures SystemTM (TFCS) was developed.

My crusade began to improve the financial lives of entrepreneurs, business owners, families, and individuals across the country using my system, TFCS. As a direct result, my clients have evolved in the following ways:

• Became more empowered to create specific strategies to diagnose their financial health • Take control over their finances • Make their money work for them • Acquire proper protection to prevent financial ruin • Build a financial legacy • Create generational wealth • Enjoy financial freedom, and • Live the life they DESIRE!

Many people think getting more money will be the answer to all their problems. In reality, understanding how to manage money, no matter the amount, and making money work for you is the real solution. If you do not manage and control what you have now, how will you manage and control more?

Most people keep a written record of their income and expenses but overlook their spending. Uncontrolled spending prevents you from paying for essentials, reduce/eliminate debt, building an emergency fund/cash reserves, and becoming financially free.

The objective is to plan where your money goes instead of wondering where it went.

To achieve your financial goals, you must know your current financial situation. Once you have a realistic picture, no matter how good or bad, it takes these three essential elements to move forward.

1. You must decide, commit, and take action to achieve your financial goals.

2. Your mindset and discipline require the transformation of your thinking and habits as they relate to your desired level of achievement. I wrote, Diagnose Your Financial Health, to empower people to overcome the obstacles to winning the money game and achieving optimum financial health. Many professional women and entrepreneurs are responsible for the financial well-being of their families and businesses. It can be a struggle if you do not have the mindset, knowledge, and tools to take control over your finances and make your money work for you.

Evaluate your journey to optimize your financial health by taking a realistic look at your financial condition and finding the right prescription to cure your financial ills whether it involves anorexic income, overweight expenses, obese debt, or a spending addiction.

To make an appointment with the Financial Healer to diagnose your financial health,

Text “TALK” to 770-796-4944 for a FREE 20-minute strategy session!